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Whether locker rent taxable???

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(Querist)
04 November 2010 Dear Experts
First of all Happy Diwali....
Locker rent which is charged by bank is taxable or not?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
04 November 2010 Happy diwali to you too.

Locker rent is income for bank.
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Nitin Panthri

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Nitin Panthri (Querist)
04 November 2010 Thanks Aditya..
Actually I forgot to mention Service tax..
Pl make me your revised reply...
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
04 November 2010 Yes serivce tax is leviable

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